$179.89M Liquidated in 24 Hours: 65.67% Were Longs
- —Total liquidations: $179.89 million, longs $118.13 million, shorts $61.77 million
- —Ethereum: $66.73 million in liquidations, 58% longs
- —Bitcoin: $51.05 million in liquidations, 68% longs
- —SOL -2.95%, XRP -2.85%, ZEC -7.24% over 24 hours
Why it matters: The dominance of long liquidations as BTC and ETH fall points to weakening buyers and the risk of further correction.
Source: TokenPost